DAE Capital, the aircraft leasing and finance arm of DAE was formed in 2007. Its goal is to become the largest aircraft leasing company in the Middle East, serving an international market, inside the next decade. DAE Capital’s fleet is currently comprised of a combination of 41 single aisle and wide-body aircraft and has contracted to purchase 100 new aircraft from each of Boeing and Airbus. The estimated market value of the purchase contracts, split by 70 single aisle and 30 wide-body aircraft from each manufacturer, is $27 billion. In addition to its new direct-buy aircraft orders, DAE has commitments to acquire an additional 20 new aircraft, 11 of which will be leased back to the original contracting party. With continued airline expansion accelerating developments in the global aerospace industry and with its headquarters in Dubai, DAE Capital is perfectly situated to meet the global demand for new aircraft, particularly in the Middle East and Asia. Driving DAE Capital’s underlying proposition to offer attractive leasing terms, regional experience, preferred access to local banks and a customized capital structure, is a highly experienced team led by Bob Genise, the founder of Boullioun Aviation Services, Inc.